FDIC Certificate #: 13304 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Diamond Bank (#1527) Federal Reserve ID: 522146 Date Established: December 27, 1912 WWW:http://www.arkansasdiamondbank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 14698 FDIC's unique #: 8412 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 09, 2007 Last Structure Change Process Date: March 28, 2007 Last Data Update: March 28, 2007 Data Source Date: April 05, 2012
Location
Address: Broadway And Pullman Street, Glenwood, AR 71943 County: Pike Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Little Rock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $126.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2006)
Dollar figures in thousands
48Total employees (full-time equivalent)
$126,576Total assets
$4,327Cash and due from depository institutions
$20Interest-bearing balances
$38,538Securities
$4,650Federal funds sold & reverse repurchase agreements
$72,991Net loans & leases
$1,140Loan loss allowance
$0Trading account assets
$3,255Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$1,281Life insurance assets
$2,815All other assets
$126,576Total liabilities and capital
$114,046Total liabilities
$113,154Total deposits
$97,122Interest-bearing deposits
$113,154Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$567Other borrowed funds
$0Subordinated debt
$325All other liabilities
$12,530Total equity capital
$12,530Total bank equity capital
$12,530Perpetual preferred stock
$0Common stock
$550Surplus
$650Undivided profits
Memoranda
$11,330Noncurrent loans and leases
$3,106Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,408Earning assets
$0Long-term assets (5+ years)
$856Average Assets, year-to-date
$116,199Average Assets, quarterly
$16,924Volatile liabilities
$126,223Insider loans
$126,801FHLB advances
$30,056Loans and leases held for sale
$874Unused loan commitments
$323Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,106Total unused commitments
$0Restructured Loans and leases
$988Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$7,640Total interest income
$3,395Total interest expense
$4,245Net interest income
$65Provision for loan and lease losses
$1,219Total noninterest income
$0Fiduciary activities
$881Service charges on deposit accounts
$0Trading account gains & fees
$338Additional noninterest income
$3,779Total noninterest expense
$2,239Salaries and employee benefits
$473Premises and equipment expense
$1,067Additional noninterest expense
$1,620Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,620Income before extraordinary items
$0Extraordinary gains - net
$1,620Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$51Sale, conversion, retirement of capital stock, net
$1,005Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.61%Yield on earning assets
2.94%Cost of funding earning assets
3.67%Net interest margin
1.05%Noninterest income to earning assets
3.27%Noninterest expense to earning assets
1.28%Net operating income to assets
1.28%Return on assets (ROA)
1.28%Pretax return on assets
13.59%Return on equity (ROE)
5.16%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
127.45%Credit loss provision to net charge-offs
33.04%Efficiency ratio
69,162Assets per employee
2.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
62.04%Loss allowance to loans
1.54%Loss allowance to noncurrent loans
80.97%Noncurrent assets plus other real estate owned to assets
1.11%Noncurrent loans to loans
1.90%Net loans and leases to deposits
64.51%Net loans and leases to core deposits
87.84%Equity capital to assets
9.90%Core capital (leverage) ratio
10.22%Tier 1 risk-based capital ratio
16.31%Total risk-based capital ratio
Memoranda
$18Average assets
$126,223Average earning assets
$11,919Average equity
$115,556Average loans
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